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Electronic Arts Signs Exclusive NFL License

Electronic Arts announced today that it has signed a five-year exclusive licensing deal with the National Football League and the NFL players association, giving EA the exclusive rights to the NFL teams, stadiums and players for use in its football videogames.

"We are pleased to expand our agreement with Electronic Arts, the leading video game manufacturer and a valued NFL partner," said NFL Commissioner Paul Tagliabue. "We look forward to working with EA to continue to enhance the quality of NFL video games that our fans have enjoyed for many years."

"We are excited about the opportunity to further enhance our relationship with the NFL and PLAYERS INC," said Larry Probst, Chairman and CEO of Electronic Arts. "The five-year agreements will usher NFL fans through the console technology transition with new ideas and innovative game play experiences."

No financial figures of the agreement were disclosed, but it must have cost a pretty penny. It is not known at this point how the agreement will impact other companies with NFL franchises currently in development, such as Midway & ESPN.